All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

AI-driven insurtech company General Magic secures seed funding

The total funding of the company, which develops AI agents for insurance teams, now stands at $8.4m (C$11.49m). 

F&G agrees to divest Bermuda life and annuity reinsurance unit

Once the deal is finalised, Bermuda-based reinsurer F&G Life Re will operate under the name Ancient Re.

UIB adopts CyberCube tools for cyber risk assessment

Under this agreement, UIB will utilise CyberCube’s Broking Manager and Prep Module.

Marsh Risk scales up US digital infrastructure protection

The new Nimbus Casualty facility offers up to $75m in coverage capacity, with a minimum attachment point of $25m.

Swiss Re Corporate Solutions to buy QBE credit and surety unit

The purchase will add to Swiss Re Corporate Solutions’ primary credit and surety insurance business.

Santam approved to open reinsurance office in India’s GIFT City 

Santam Re will provide capacity for the Indian operation across areas such as property, engineering, marine and liability. 

Zurich Insurance reports net income growth

The Swiss insurer’s P&C arm recorded a BOP of more than $5bn for the first time, an increase of 22%.

SPG scales cargo and logistics power with Logistiq and Anova integration

This move consolidates the two companies’ services into a single platform aimed at supporting the cargo and logistics sector.

HSB unveils cyber insurance for connected work vehicles

The coverage will help SMEs deal with disruptions from vehicle-focused cyber incidents.

Talanx gains full ownership of Warta and TU Europa in Poland

The transfer of shares was concluded after both parties agreed to finalise their alliance on 31 December 2025.